PIZ vs FFLC overlap
PIZ and FFLC overlap 1.0% by weight, across 2 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | PIZ | FFLC | Overlap |
|---|---|---|---|
| SK Hynix Inc.000660 | 1.83% | 0.60% | 0.60% |
| Samsung Electron005930 | 0.71% | 0.42% | 0.42% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: PIZ, SEC Form N-PORT, July 31, 2026; FFLC, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | PIZ | FFLC |
|---|---|---|
| LPL Financial LLC | $54.0M | $92.5M |
| Wells Fargo & Company | $110.0M | $11 |
| Commonwealth Equity Services, LLC | $3.9M | $95.3M |
| Morgan Stanley | $66.7M | $667K |
| Private Advisor Group, LLC | $347K | $42.7M |
| Royal Bank of Canada | $36.2M | $433K |
| Envestnet Asset Management Inc. | $15.9M | $16.8M |
| Raymond James Financial Inc. | $27.1M | $546K |
| Cambridge Investment Research Advisors, Inc. | $18.8M | $3.9M |
| Wealth Enhancement Advisory Services, LLC | $17.0M | $453K |
| Osaic Holdings, Inc. | $4.6M | $12.8M |
| Kestra Advisory Services, LLC | $306K | $15.2M |
| Equitable Holdings, Inc. | $3.8M | $10.1M |
| Kestra Private Wealth Services, LLC | $2.4M | $11.1M |
| Cetera Investment Advisers | $9.2M | $3.8M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: PIZ institutional holders, FFLC institutional holders.
Frequently asked questions
How much do PIZ and FFLC overlap?
1.0% by weight, with 2 holdings in common, using holdings for PIZ as of July 31, 2026 and FFLC as of July 31, 2026. The largest shared position is 000660.
Do institutions hold both PIZ and FFLC?
36 Form 13F filers report positions in both, out of 198 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.